Utilities Down Ahead of Inflation Data -- Utilities Roundup

Published: 2024-06-26 17:52:25 ET CEG

Shares of power producers fell amid anxiety ahead of key inflation data.

Utilities are particularly sensitive to shifts in the interest-rate outlook because they compete with Treasury markets.

Constellation Energy shares plunged, crimping significant year-to-date gains for the Baltimore power producer.

Write to Rob Curran at [email protected]

(END) Dow Jones Newswires

06-26-24 1751ET